ams-OSRAM (OTCMKTS:AMSSY) Shares Gap Up – What’s Next?

Shares of ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) gapped up before the market opened on Wednesday . The stock had previously closed at $11.7216, but opened at $13.18. ams-OSRAM shares last traded at $12.54, with a volume of 214 shares traded.

Wall Street Analysts Forecast Growth

A number of analysts have commented on AMSSY shares. Jefferies Financial Group upgraded shares of ams-OSRAM from a “hold” rating to a “buy” rating in a research report on Sunday, May 10th. Zacks Research upgraded shares of ams-OSRAM from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 11th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of ams-OSRAM in a research report on Tuesday, May 12th. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, ams-OSRAM presently has a consensus rating of “Hold”.

ams-OSRAM Stock Performance

The firm’s 50-day moving average price is $7.37 and its two-hundred day moving average price is $5.98. The firm has a market capitalization of $2.56 billion, a PE ratio of -10.77 and a beta of 1.52. The company has a quick ratio of 1.11, a current ratio of 1.47 and a debt-to-equity ratio of 2.64.

ams-OSRAM Company Profile

ams-OSRAM AG is a global technology company specializing in optical solutions, combining the sensor expertise of ams with the lighting heritage of OSRAM. The company develops and manufactures a broad range of high-performance products, including light-emitting diodes (LEDs), laser diode and infrared (IR) emitters, optical sensors, and sensor interfaces. These components are used across a variety of applications to enable advanced illumination, sensing, and imaging capabilities.

The company’s product portfolio serves diverse end markets such as consumer electronics, automotive, industrial, and medical.